MRFR Year End Sale
Managed DNS Service Market Research Report - Global Forecast till 2030

Global Managed DNS Service Market Research Report: Information by Service Type (Premium/Advance DNS, DDoS Protected DNS and GeoDNS), Organization Size (Large Enterprises, Small & Medium Enterprises), End User (BFSI, Media & Entertainment, Retail & Consumer Goods, Healthcare Government, Education, E-Commerce and others) by Region - Forecast till 2030

ID: MRFR/ICT/0381-CR | July 2019 | Region: Global | 120 Pages         

Managed DNS Service Market

Global Managed DNS Service Market is expected to expand at 17.50% CAGR, with 860.23 million by 2030

Segmentation

By Service Type Premium/Advance DNS DDoS Protected DNS GeoDNS
By Organization Size Large Enterprises Small & Medium Enterprises
By End User BFSI Media & Entertainment Retail & Consumer Goods Healthcare Government Education E-Commerce

Key Players

  • Cloudflare Inc.
  • ClouDNS
  • Neustar Inc.
  • Oracle Corporation (Dyn)
  • Google Inc.
  • Amazon Web Services Inc.
  • Akamai Technologies
  • EasyDNS Technologies Inc.
  • Namecheap.com
  • CDNetworks Inc.

Drivers

  • Network Benefits
  • Increasing Application Area
Speak to Analyst Request a Free Sample

Market Snapshot


The data network services are growing at a substantial rate as the market is dependent on the demand for query free, user-friendly, and secure cloud environment for the transmission of data. The managed DNS services reduce the complexity of maintaining and controlling data traffic, and an increasing number of queries occurred while requesting the domain name from the Internet service provider. Another reason such as growing economies, demand risk-free data center infrastructure, and rising government concern regarding data security, and the increasing threat of cyber-attacks is expected to propel the managed DNS service industry during the forecast period.


Service providers in the field of managed DNS market have been active for over the past twenty years. These service providers have helped the network operators provide advancements and promotion of managed DNS services across the globe. Several countries of Europe and North America introduced policies to offer high-speed data services to network operators. Shortly, other countries such as China, South Korea, Japan, and Russia are expected to follow the same trend. Major players such as Neustar, VeriSign, Cloudflare, DNS Made Easy, Rackspace, and Akamai technologies have built a robust DNS infrastructure network over the globe


The growing number of distributed denials of service (DDoS) attacks is one of the critical drivers for the adoption of managed DNS services.  According to a Netscout Threat Intelligence report, for the first quarter of 2018, an average number of attacks increased, and attackers have been finding new ways of magnifying the impact currently.  In the first half of 2018, there have been several significant DDoS attacks. For instance, one of the biggest was the massive attack on Github on February 29th. Due to the attack, online traffic went to 1.3 terabyte per second.


Similarly, on 5th March, the US-based telecommunication carrier received a massive wave of traffic, hitting around 1.7 terabytes per second. Telecommunication providers, as well as cloud hosting service providers, were targeted for DDoS attack.  Due to growing DDos attack, enterprises are turning towards managed DNS service providers, thereby creating a massive opportunity for considerable market growth. Another aspect that is propelling the market for managed DNS service is cost. Managed DNS service providers offer DNS management at a considerably affordable price, helping small, and mid-size organization to manage DNS without incurring an additional cost. Enterprise is, therefore, turning towards managed DNS services as it offers management of DNS at more affordable prices.


The Global Managed DNS Service Market is expected to expand at 17.50% CAGR, with 860.23 million in 2030 during the forecast period.


Synopsis


The global Managed DNS Service market has been segmented into service type, organization size, end-user, and region.


Based on the service type, the managed DNS service has been segmented into premium/advance DNS, DDos protected DNS and GeoDNS. DDoS protected DNS segment is one of the fastest-growing segments among mid-size and large enterprises. Due to growing DDoS attack, enterprises are turning to managed DNS services.  Managed DNS service providers offer protection against DDoS attack, migration services, DNS failover services, location-based routing, and zone-based routing, among others, thereby helping enterprises to manage DNS efficiently.


Based on organization size, the market has been categorized as small & medium enterprises and large enterprises.  Small & medium-size enterprises are turning towards managed DNS services as it is cost-effective and comprehensive.


Based on end-user, the managed DNS service market has been divided into media & entertainment, banking, financial services and insurance (BFSI), healthcare, retail and consumer goods, government, education, E-commerce, and others. All these industry verticals are deploying managed DNS services in order to manage DNS, without any additional investment efficiently.


Regional Analysis


Geographically, the global managed DNS service market has been segmented into Asia-Pacific, North America, Europe, and the Middle East & Africa, and South America.


North America is the leading region in terms of market share in the managed DNS service market. The market growth is attributed to the presence of many managed DNS service providers that offer their services to local as well as international clients. The leading players in the region include Cloudflare, Inc., Neustar, Inc., Google Inc., and Amazon Web Services, Inc., among others.


Europe was the second-largest market in the managed DNS service market in 2018. Europe has been segmented into the UK, Germany, France, and the rest of Europe. According to the MRFR analysis, the UK is expected to gain the highest market share, followed by Germany, France, and the rest of Europe. Some of the factors that are responsible for market growth include an increase in the number of small- and medium-sized enterprises who are availing various managed DNS services. Managed DNS service is rapidly being used by enterprises in the IT and telecommunication, retail, and BFSI verticals at present, in Europe.


Companies Covered


The key players of the global managed DNS service market are Cloudflare, Inc., ClouDNS, Neustar, Inc., Oracle Corporation (Dyn), Google Inc., Amazon Web Services, Inc., Akamai Technologies, EasyDNS Technologies Inc., Namecheap.com, CDNetworks Inc., VeriSign, Inc., No-IP.com, Rackspace US, Inc., Contegix, Netlify ,  Microtech USA, LLC, and ThousandEyes, Inc.


Key Developments  



  • In July 2019, ClouDNS expanded its presence in Japan. The company plans to operate 24 anycast DNS facility across six continents.



  • In July 2019, Neustar Inc. partnered with Freckle, a global company specializing in media measurement and identity, to provide privacy complaint and first-party consumer data.



  • In March 2019, Akamai Technologies updated its edge security web performance and media delivery products targeted at easing cloud migrations and operations. Among varied updates, is the ability to efficiently block content with an integrated virtual private network (VPN) and domain name system (DNS) proxy detection service.


Market Segmentation



  • By Service Type: Premium/advance DNS, DDos protected DNS, and GeoDNS

  • By Organization Size: Small and medium enterprises and large enterprises

  • By Industry Vertical: BFSI, media and entertainment, healthcare, retail & consumer goods, government, education, E-commerce, and others


Key questions addressed by the report



  • What was the historic market size (2018)?

  • Which segmentation (service type/ organization size/industry vertical) is driving market growth?

  • What will be the growth rate by 2025?

  • Who are the key players in this market?

  • What are the strategies adopted by key players?



Report Scope:

Report Attribute/Metric Details
  Market Size   860.23 Million (2030)
  CAGR   17.50% (2030)
  Base Year   2019
  Forecast Period   2020-2030
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Service Type, Organization Size
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Cloudflare, Inc., ClouDNS, Neustar, Inc., Oracle Corporation (Dyn), Google Inc., Amazon Web Services, Inc., Akamai Technologies, EasyDNS Technologies Inc., Namecheap.com, CDNetworks Inc., VeriSign, Inc., No-IP.com, Rackspace US, Inc., Contegix, Netlify , Microtech USA, LLC, and ThousandEyes, Inc.
  Key Market Opportunities

  • The managed DNS service has been segmented into premium/advance DNS, DDos protected DNS and GeoDNS. DDoS protected DNS segment is one of the fastest-growing segments among mid-size and large enterprises. \r\n
  • Due to growing DDoS attack, enterprises are turning to managed DNS services
  •   Key Market Drivers   Telecommunication providers, as well as cloud hosting service providers, were targeted for DDoS attack. Due to growing DDos attack, enterprises are turning towards managed DNS service providers, thereby creating a massive opportunity for considerable market growth.


    Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :

    The worldwide market of managed DNS service can thrive at 11.3% CAGR and worth at USD 860.23 million by 2030.

    Cloudflare, Inc., Oracle Corporation (Dyn), ClouDNS, Neustar, Inc., Google Inc., and Amazon Web Services, Inc. are some major managed DNS service market players.

    BFSI, retail, healthcare, government, and consumer goods are active users of managed DNS service.

    DDos protected DNS is the widely applied managed DNS service. Other types are; premium/advance DNS, and GeoDNS.

    The presence of managed DNS service developers in high concentration can propel managed DNS service market in North America.